Category Archives: Main Page

Danielle’s weekly market update

Danielle was a guest today on Talk Digital Network with Jim Goddard, talking about recent developments in the world economy and markets. You can listen to an audio clip of the segment here.

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Loonie likely to land lower

Traditionally the Canadian dollar has tracked global demand for the nation’s rocks and trees. As shown in the chart below, the connection between Canadian exports and the strength of its currency historically reflected in a correlation between Canadian resource-based venture … Continue reading

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Ebola outbreak “this time is different”

Scott Gottlieb, American Enterprise Institute, explains how circumstances are different with the current outbreak of Ebola from other outbreaks.  Here is a direct video link.

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Central Bank to central bankers warns of ‘violent’ reversal of global markets

The head of the Bank of International Settlement’s market committee, Guy Debelle, warned in a speech in Sydney this week that “global markets are dangerously stretched and may unwind with shock force as liquidity dries up.” In addition, Debelle added … Continue reading

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Oil catching down to global demand

West Texas Crude is today flirting with $80 a barrel, down 10% year to date, 24% since the QE-rebound into 2011 and 45% since the bubble mania of 2008.  Oil cos are taking a much deserved drubbing in the process … Continue reading

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Venture exchange signalling next global recession?

The resource-based Canadian Venture Index is today down another 2%.  Around 807, the index has taken out its previous 2013 low with no support now left between present levels and the 639 and 678 recession lows reached in 2001 and … Continue reading

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Correcting from the consumer credit/commodities bubble

Today the Canadian dollar continues to tumble, now down 16% from its QE-driven rebound peak in July 2011. At the same time, the Canadian stock market has officially delivered its first 10% ‘correction’ in 3 years. Foreigners who flooded into … Continue reading

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Canadian housing: desperately seeking ‘greater fools’

My family have started playing a car game as we drive around. When we drive past new property listings we each take a price guess while one of the passengers looks up the listing to name the winner. Even with … Continue reading

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The long, slow, slog to rein in the banksters

JP Morgan missed its lowered guidance this morning and set aside another billion for upcoming legal costs. More like “illegal costs” because it’s their illegal conduct that has caused these expenses. It has slowly been getting harder for the big … Continue reading

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When suicidal valuations meet reality

Reality dawning for blind believers: central banks cannot drive the world economy. Forecasters in the public and private sector have been ridiculously optimistic and financial markets have been rising on reckless leverage and wishful thinking… Mohamed El-Erian, a Bloomberg View … Continue reading

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Pumpkin pie and points of reference on equity prices

Happy Canadian Thanksgiving…Some historical perspective to digest with Pumpkin Pie. In the current cycle, both the Russell 2000 small-cap index, and the capitalization-weighted NYSE Composite set their recent highs on July 3, 2014, failing to confirm the later high in … Continue reading

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Canadian equity market: concentrated capital risk

The theory of diversification is undermined in practice when it comes to the Canadian equity market.  As graphed below, today the widely bench-marked TSX 60 Index mirrored by most equity funds and asset allocators, is in fact a whopping 61% … Continue reading

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Ebola blasting robots

Fascinating science… Morris Miller, Xenex Disinfection Services CEO, explains the disinfection device used at the Dallas Hospital to clean the room where the Ebola patient was treated. Miller discusses the economic benefit to health care. Here is a direct video … Continue reading

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World economy turning Japanese: debt on debt = deflation

Over the past 6 years, Central Bankers have led the world in a barrage of ‘emergency easing’ measures that were taken right out of the failed play book of Japan since its property and stock market bubbles burst in 1989. … Continue reading

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Tesla’s race for the masses

Good reminder on the traditional evolution of ground-breaking auto technology that has always begun in the most expensive models before trickling down to mass production. Here is a direct video link.

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